 Hi, good morning and welcome to today's products and focus so looking at the US there we had some actually some week inflation data came out on Friday afternoon which because a little bit of a wobble on the US dollar and we actually saw the US 30 just down ever so slightly throughout its session closing bang on that potential support at 17738 and so still got some sort of doji formation this morning as a lot of European indices are actually trading your all-time high specifically important but the Germany 30 closing in on 12,000 as that ECB stimulus still is causing a big influx of capital or get a flight of capital from the US across to Europe as higher yields are seen there and the medium to longer term so this looks to be the potential pivot level you do have the MACD about to cross the zero line the other technical indicators are kind of relatively neutral indicating there's power still to go so it's looking like pressure might be ramping up on the US 30 especially in the absence of any economic data until later on in the week moving on to UK 100 and you'll be able to see there for a volatile session again on Friday closing above the 55 period SMA stopping shy of 6771 where we still remain today other technicals are neutral this is going to probably take lead from the US 30 attitude of particular direction so if we begin to see more of a sell-off in the US that could hurt the the UK 100 with 6686 being the next potential support obviously love the other European Boris is doing a lot better than you keep on the hundred right now they're moving on to Japan 225 which is comfortably at 15-year highs we're almost a third of the way from potential support from 18648 all the up to 20,000 868 we have seen that dollar yens at 121 20 right now well now this is still looking pretty bullish for Japan with a decent session there on Friday and a decent start to today I think you've seen a number of Chinese Boris is also up as over the weekend we had continued confirmation of the Chinese government doing whatever it will take to help to boost growth levels there to maintain a certain level of growth each year and that's had a kind of a side effect to Japan 225 obviously big trade partner for China as well so things looking relatively bullish on that index at 15-year highs so moving on to dollar yen dollar yen still seems to be kind of flirting with at 121 87 which has been a potential resistance for a number of for number of months this is the high from mid-December with 124 42 still being a lower-term potential resistance but we've had a failure so large break 121 87 which should only help to fuel that Japan 225 rally a little bit further if we get a decent break out crude oil with Texas is back in the toilet again so to speak flirting with the 43 29 we're off the session loaves but the the glut of oil in the US and the non-reduction and shale gas production has has really impacted because started to impact again with Texas crude and Brent 35 dollars 30 is an ex-potential support obviously Goldman Sachs came out with a note recently giving a $40 price target that might get that sooner rather than later in fact the latest price target itself in Goldman Sachs for your dollar was your dollar at 0.8 as your point 80 by the end of 2017 that's still quite a far away from now but considering your dollar right now is that 105 that's not that far away incidentally so some markets getting really hit just now gold had a bit of a bounce there on Friday because the US dollar took a little bit of a backseat falling that disappointing inflation data from the US we're up a little bit higher today 1137 still is the next potential support potential resistance 1186 which means we're basically slapped back in the middle of two ranges so not a lot happening on gold as of today so moving quickly on to your dollar your dollar as we mentioned that is at 105 in the middle of two ranges one or two spot 23 is going to be the potential support one spot 076 potential resistance not a lot to talk about either with your dollars I'm into gold and stuck in the two ranges like this it makes it a little bit unexciting but a lot of people is waiting for it to break power you know that will be the thing you'll see in a lot of newspapers if and when it happens to be fair it's probably more likely that it's a case of when rather than if at this stage this is literally because you do have that diverging monetary policy between the US and the eurozone US raise and raise eurozone embarking a huge stimulus package cable however is that more interesting because it just smashed through potential support one spot for 813 we might have some sort of retracement back up to this level so broken support now as expected active resistance you've got a death cross just about to happen on the moving averages and the other technicals are firmly into oversold territory so you could expect there to be a slight rebound and then perhaps if the dollar continues to strengthen the expense of the GBP you might get a slight rebound and then fall through down a little bit lower this phone spot 42 43 being the next potential support which is a good bit lower so economic data wise there's nothing happening that much today Tuesday you've got a whole raft of European CPI data so it's going to be big for for your dollar the ZW business report that would be big for your dollar in the Germany 30 fast forward to Wednesday Bank of England minutes and the FOMC policy decision that's obviously going to be quite important as well and that will come with a statement that everybody will be waiting for which is to see if Fed will remove the term patience when thinking about future rate hikes which will pave the way for an earlier rate hike rather than later on in the year so as ever keep your eye on the chart for making sense part of your leg going forward and join me again tomorrow to find out what happened next